diff --git a/_run/common.mk b/_run/common.mk
index 1e14b252ed..dc92b779ee 100644
--- a/_run/common.mk
+++ b/_run/common.mk
@@ -7,6 +7,14 @@ DATA_ROOT 	= cache
 NODE_HOME 	= $(DATA_ROOT)/node
 CLIENT_HOME = $(DATA_ROOT)/client
 
+CHAIN_NAME     = local
+CHAIN_OPTS     = --chain-id $(CHAIN_NAME)
+GENESIS_PATH   = $(NODE_HOME)/config/genesis.json
+
+CHAIN_MIN_DEPOSIT     = 10000000
+CHAIN_ACCOUNT_DEPOSIT = $(shell echo $$(($(CHAIN_MIN_DEPOSIT) * 10)))
+CHAIN_TOKEN_DENOM     = akash
+
 all:
 	(cd $(AKASH_ROOT) && make all)
 
diff --git a/_run/lite/Makefile b/_run/lite/Makefile
index 2a73fc865d..5a8def49b1 100644
--- a/_run/lite/Makefile
+++ b/_run/lite/Makefile
@@ -3,24 +3,30 @@ include ../common.mk
 akashctl       = $(AKASHCTL) --home $(CLIENT_HOME) 
 akashd         = $(AKASHD) --home $(NODE_HOME)
 KEY_OPTS       = --keyring-backend=test
-CHAIN_NAME     = local
-CHAIN_OPTS     = --chain-id $(CHAIN_NAME)
 
 init: bins init-keys init-genesis init-gentx init-collect-gentx init-config
 
 dirs: 
-	mkdir -p $(CLIENT_HOME) $(NODE_HOME)
+	mkdir -p "$(CLIENT_HOME)" "$(NODE_HOME)"
 
-init-genesis: dirs
+init-node: dirs
 	$(akashd) init node0 $(CHAIN_OPTS)
-	$(akashd) add-genesis-account $(shell $(akashctl) $(KEY_OPTS) keys show provider -a) 100000akash,100000000stake
-	$(akashd) add-genesis-account $(shell $(akashctl) $(KEY_OPTS) keys show validator -a) 100000akash,100000000stake
-	$(akashd) add-genesis-account $(shell $(akashctl) $(KEY_OPTS) keys show main -a) 100000akash,100000000stake
-	$(akashd) add-genesis-account $(shell $(akashctl) $(KEY_OPTS) keys show other -a) 1akash,1stake
+	cp "$(GENESIS_PATH)" "$(GENESIS_PATH).orig"
+	cat "$(GENESIS_PATH).orig" | \
+		jq -rM '(..|objects|select(has("denom"))).denom           |= "$(CHAIN_TOKEN_DENOM)"' | \
+		jq -rM '(..|objects|select(has("bond_denom"))).bond_denom |= "$(CHAIN_TOKEN_DENOM)"' | \
+		jq -rM '(..|objects|select(has("mint_denom"))).mint_denom |= "$(CHAIN_TOKEN_DENOM)"' > \
+		"$(GENESIS_PATH)"
+
+init-genesis: init-node
+	$(akashd) add-genesis-account "$(shell $(akashctl) $(KEY_OPTS) keys show provider -a)"  "$(CHAIN_ACCOUNT_DEPOSIT)$(CHAIN_TOKEN_DENOM)"
+	$(akashd) add-genesis-account "$(shell $(akashctl) $(KEY_OPTS) keys show validator -a)" "$(CHAIN_ACCOUNT_DEPOSIT)$(CHAIN_TOKEN_DENOM)"
+	$(akashd) add-genesis-account "$(shell $(akashctl) $(KEY_OPTS) keys show main -a)"      "$(CHAIN_ACCOUNT_DEPOSIT)$(CHAIN_TOKEN_DENOM)"
+	$(akashd) add-genesis-account "$(shell $(akashctl) $(KEY_OPTS) keys show other -a)"     "1$(CHAIN_TOKEN_DENOM)"
 	$(akashd) validate-genesis
 
 init-gentx:
-	$(akashd) $(KEY_OPTS) gentx --name main --home-client $(CLIENT_HOME)
+	$(akashd) $(KEY_OPTS) gentx --name main --home-client "$(CLIENT_HOME)" --amount "$(CHAIN_MIN_DEPOSIT)$(CHAIN_TOKEN_DENOM)"
 
 init-collect-gentx:
 	$(akashd) collect-gentxs